iGo Realty Blog

Feb. 6, 2019

Has Spring Sprung Early for the Housing Market?

By: Arlene Castro, Broker/Owner

In a recent article in Realtor Magazine, demand for housing is picking up and housing analysts are pointing to lower mortgage rates as the main reason. The spring buying season may be coming early.

In Coppell, Texas, a suburb of Dallas, real estate pros reported a traffic jam of buyers lined up on the front stairway to get into an open house.

 

New sprouts just edging above the ground

 

 

 

 

 

 

 

 

 

 

"It kind of caught us a little bit off-gaurd," the Dallas area realtor told CNBC about the sudden uptick in buyer demand. “We actually did get a surge of buyers coming in. And, matter of fact, I worked with two this weekend, one of which is under contract; another is about to be.”

The 30-year fixed-rate mortgage increased for most of 2018 and neared 5 percent, prompting home sales to decrease. However, rates have been moderating in recent weeks, and potential home shoppers are taking advantage. The 30-year fixed rate mortgage averaged 4.46 percent last week, Freddie Mac reports.

Mixed with the lower rates, home prices are slowing too. Home prices in December were up 4.7 percent annually, the smallest gain in more than six years, according to CoreLogic, a real estate data firm.

“When you see those numbers coming down, you want to go, ‘OK, this is the time to buy,’” Celena Vittorio, a home shopper in the Dallas area, told CNBC. “You certainly don’t want to buy at the top of the market.”

Also in buyers’ favor recently, the share of homes with price cuts increased in January. The share of price reductions increased in 39 of the 50 largest markets, an analysis from realtor.com® found. The most expensive markets saw the largest price cuts.

The cities with some of the largest reductions in list prices were in Las Vegas (up 16 percent); San Jose, Calif. (up 9 percent); Seattle (up 8 percent); Orlando, Fla. (up 6 percent); and Phoenix (up 5 percent).

Real estate pros are responding to the increase in traffic by trying to get the homes that were going to wait to list until the spring ready to go to the market earlier.

Buyers are taking advantage of the price reductions and lower mortgage rates. “We don’t want to miss that opportunity, so we’re trying to get busy with our listings and start getting our listings on the market early,” Barnett told CNBC.

Wondering how your home market is doing in your area? Give iGo Realty a call for up to date information about your area (303) 862-5457.

resource: realtor magazine

Posted in Home
May 11, 2018

Flowers Always in Bloom

Grow a Garden with Flowers Always in Bloom

By: Arlene Castro

Now that we are in Spring, flower fever has begun. I don't know about you but I love planting flowers. I came across an article in 5280 Home Magazine and had to share this helpful information. If you want to grow a flower garden always bursting in color the entire season then these flowers will help to achieve that goal. Here is a list of flowers to plant:

Basket of GoldBlue Flax

Basket of Gold                                                              Blue Flax

Tri-Color Butterfly BushPurple Dome AsterTri-Color Butterfly Bush                                               Purple Dome Aster

 

In May: Basket of Gold, Dwarf Daylily, Front Range Penstemon

In June: Dwarf Cranesbill, Hudsker Red Penstemon, Blue Flax

In July: Tri-Color Butterfly Bush, Red Knockout Rose, Osteospermums

In August: Hummingbird Trumpet, Sunset Hyssop, Mexican Sage

In September: Purple Dome Aster, Chocolate Flower, Joe Pye Weed

 

Local garden experts shared this bit of advice of easiest plants to keep alive in the Front Range:

  • Red Valerian (perennial) blooms from May until frost
  • Ice Plant (low growing ground cover) can handle direct sun exposure
  • Blanket Flower (Sunflower origin) has an extended bloom time and doesn't need much water

I hope this information is helpful in making your garden more colorful. We are always here to help you with any real estate related questions including gardening.

 

Happy Mother's Day & Happy Spring!

Resources: 5280 Home

Posted in Home
April 21, 2018

Does Recycling Make a Difference?

To Recycle or Not to Recycle?

by: Arlene Castro

Recycle Bins

That is the question my daughter recently asked me. Do you really think that recycling makes a difference? Of course, my reply was, Yes! It only makes sense to me. But then I got to thinking about it and wanted to find out how recycling is really helping our planet, so I started looking for more information and this is what I found:

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Posted in Recycle
March 14, 2018

5 Important Things Sellers Forget to Do

House with Check List

When you're selling your home there's so much to do: find a Realtor, do touch-ups, look into staging...it's no wonder that sometimes things fall between the cracks. Real estate agents who have worked with many sellers - identify the to-do's that sellers typically overlook.

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Posted in Selling Your Home
Jan. 20, 2018

Clearing Clutter for Your Home and Life

Organized Closet

For me and many of us, a new year is a way to reflect on the past and how we can improve moving forward. With that being said, don't overwhelm yourself with what you should have done. A New Year gives us the opportunity to make changes to better our lives. One of the ways to help make these improvements is by clearing the clutter from our homes. Having a cluttered home can reek havoc on a person. For example, you may misplace a bill and end up paying it late. Or if you can’t find something because of the clutter, you will end spending more money to replace the item. You may also refrain from inviting family and friends over hurting you and your family from healthy social relationships. A neat, clean and organized home can give you a sense of calm, put control back in your life and add to your bottom line. So, this is a perfect time to get yourself organized for a new and uncluttered life in 2018. 

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Posted in Home Organizing
Dec. 5, 2017

Teachers Changing Lives

Teachers with Heart

Our teachers work hard all year to not only educate our children, but they also play an integral part in their lives by becoming a role model. A good teacher can help change a student’s life. Each day throughout the year they must connect with a student on multiple levels teaching not only academics, but also important life lessons that will help them succeed beyond papers and tests. 

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Posted in Community
Nov. 20, 2017

5 Reasons Why Being Thankful is Good

The month of November not only is a time to gather with family and friends, but it is also a time of the year to reflect and be thankful. Here are 5 reasons why being thankful is good for you. 

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Posted in Community
Oct. 21, 2017

10 Reasons to Volunteer

Volunteer Pictureby: iGo Realty

Have you ever thought of volunteering or have volunteered? Here are 10 reasons why to volunteer or to continue to volunteer.

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Posted in Community
Sept. 18, 2017

7 Ways to Make Your Home Greener

Green Ideas For the Colorado Homeowner

By iGo Realty

From Buying to maintaining a home here are 7 ways to make it greener.

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Posted in Green Living
Aug. 14, 2017

10 Ways to Make the Switch From Summer to School

Offered by iGo Realty

1. Kick Start Routines. Kids need time to adjust, so provide a head start. About two weeks before school starts, make bedtime earlier and dust off the alarm clock. Aim to serve meals at approximately the same times your child will be eating throughout the school year.

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Posted in Family